Food prices rise as drought affects harvest
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An international food crisis could be on the way as the United States suffers its worst drought in half a century. Scorched crops mean that the cost of corn and soya have already doubled in the US, pushing up the prices of other foodstuffs, such as meat. With America being one of the biggest exporters of corn and wheat, the price rise is likely to hit poorer countries who import heavily. Their situation has been made worse as Russian wheat, the cheapest in the world, has also been affected.